PPP Loan information for Sutherland packaging, inc.

$1,033,036

Sutherland packaging, inc. was initially approved for PPP Loan of amount $1,033,036, the current approved amount is $1,033,036. The loan was approved on 04/11/2020 by The First Hope Bank, A National Banking Association reported 69 jobs and $1,033,036 was used to fund payroll.

Sutherland packaging, inc. is Existing or more than 2 years old

SUTHERLAND PACKAGING, INC.

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SUTHERLAND PACKAGING, INC.

Borrower Address

254 Brighton Road

Borrower City

Andover

Borrower State

NJ

Borrower Zip

07821-5032

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1033036.00

Current Approval Amount

1033036.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43706

Servicing Lender Name

First Hope Bank, A National Banking Association

Servicing Lender Address

1301 Hope Bridgeville Rd

Servicing Lender City

HOPE

Servicing Lender State

NJ

Servicing Lender Zip

07844

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Andover

Project County Name

SUSSEX

Project State

NJ

Project Zip

07821-5032

CD

NJ-07

Jobs Reported

69

NAICS Code

322211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

103303.57

Payroll Proceed

826428.82

Mortgage Interest Proceed

103303.61

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

43706

Originating Lender

First Hope Bank, A National Banking Association

Originating Lender City

HOPE

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1039549.87

Forgiveness Date

12/04/2020

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